And this would be "closed date minus open date" for closed accounts, right?ace604 wrote: ↑Jul 31st, 2017 2:47 pmThis is close, but not quite.
Your average age WILL continue to increase for the 6, 7, 10 (forever? TU??) years that the closed account stays on your report and the original open date is used in the AAoA calculation.
After it gets removed (if it does years later) then your AAoA will drop.
I've verified this personally with at least one AAoA calculation from Equifax.
They just do "today minus open date" for every account divided by # of accounts.
They do NOT ignore the closed accounts.
Any idea what a good average age to aim for would be?